adambrettbass.files.wordpress.com€¦  · Web viewConcept: Let the employees tell the story of 2013.Communicate pride, enthusiasm and conviction about our achievements and what

Concept: Let the employees tell the story of 2013. Communicate pride, enthusiasm and conviction about our achievements and what the future holds for 2014. Rather than have it told exclusively by Bill Glavin or other members of the SLT, employees will express the key facts about our accomplishments. In fact, we don’t see Bill until the end, when he takes his turn, as one of our colleagues, to let us know about the work being done to keep OFI moving forward in 2014 and beyond.

Outline

1. The Numbers Tell A Terrific Story

2. Our Funds Have Delivered

3. Our Client Centric Approach Is Working

4. We Made Every Client Interaction Count

5. We’ve Acted On Our Company Values

6. We’re Always Asking: What’s Next?

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Audio

Fade In

Bill (V.O.):

Five years ago, we began a journey to ensure our company would compete and thrive in what we knew would be a dramatically different post-crisis world.

Today, all of us can proudly say we’re part of one of the strongest, most-respected, well-positioned firms in the industry. And 2013 was an especially productive year.

TITLE:

-The Numbers Tell a Terrific Story-

Valerie Sanders:

Our assets under management grew to over $230 Billion in 2013.

Our sales hit a near record high of $61.9 billion and our revenue hit $1.5 billion.

In fact, we currently have the third highest net flows in the industry, outperforming some of our biggest competitors.

TITLE:

-Our Funds Have Delivered-

Joe Welsh:

In 2013, Oppenheimer Senior Floating Rate Fund capped 10 years of top quartile performance by reaching more than $18 billion in assets.

Robert Dunphy:

International Growth Fund, which grew to more than $13 billion, has delivered top quartile performance for the last 20 years.

Justin Leverenz: And our Emerging Markets Equity Strategy soared past $40 Billion.  It is now the largest strategy in OppenheimerFunds history.

Kamal Bhatia:

Our SteelPath MLP funds have nearly tripled in assets to more than $9 billion—in just one year!

Ben Stewart:

We also introduced five new products to keep us in step with today’s investors.

Digby Clements:

As for existing products, our investment teams’ high conviction approach to active management has shown stellar performance results.

Randy Dishmon:

In January of 2013, we had 13 four- and five-star funds. At the end of November we had 26 funds rated four or five stars.

Chris Proctor:

And nearly half our funds are in the top quartile of their Morningstar peer groups.

TITLE:

-Our Client Centric Approach Is Working-

Cate Sanders:

To improve on our already impressive numbers, we started to look at how we interact and engage with clients.

David Kuzia:

A title change from wholesaler to consultant was far from cosmetic.

Rocco Benedetto:

It reflects a new mindset, focusing the team on providing information and guidance that helps our clients become better at serving their clients, the end investor.

Brian Levitt:

To help them do that, we provide the insightful thought leadership today’s advisors demand, including The New 60/40, a portfolio approach that accounts for how much the investment landscape has changed.

Hazem Gamal:

We’ve also armed them with Oppforce, a cross-enterprise operating platform that makes it easy to share ideas.

Jeff Sharon:

Additionally, we entered new markets. We expanded our presence in the RIA market by 200% and won $2.4 billion in institutional mandates.

TITLE:

-We Made Every Client Interaction Count-

Damaris De Los Santos:

In 2013, we continued to refine all aspects of the customer experience, from our collateral to our digital presence to how we engage with investors.

Leonor Palao:

We updated our visual identity, including an evolution of the iconic four hands and other changes that reflect our brand promise of unconventional wisdom and history of innovation.

Rocky Granahan:

We launched the OFI Global Asset Management brand and website, which enables us to compete as a serious player in the institutional market.

Nick Apel, CTG:

We developed our new, e-Distribution sales model and advisor-optimized website. The site has already generated $375 million in sales from qualified leads and was ranked the #1 advisor website by Kasina.

Shannon Steward:

And last but not least, we extended our tradition of award-winning customer service, including 10 Stevie Awards for excellence and a NOVA Award for Innovation.

TITLE:

-We’ve Acted on Our Company Values -

Amie Major:

We replaced our traditional, ratings-based system with more productive conversations that get managers and employees talking.

Eden Elder:

Our Collaborative Leaders Initiative brings together people from across the company to solve global issues, such as how to appeal to Generations X and Y as employees and as clients.

Marmeline Petion-Midy:

And we maintain our values outside the office. Employees pitched in after Super Storm Sandy and the Colorado wildfires, and donated their time to MoMath and Cross Cultural Solutions.

TITLE:

-We’re Always Asking: What’s Next?-

Bill Glavin:

We accomplished a lot last year. And it shows.

In 2013, your efforts helped us achieve our goals of top quartile profit margins versus our competitors and double-digit growth.

Revenues were up 15 ½% from 2012, and our pre-tax income—the number that truly counts—increased nearly 16%.

Each of us should be very proud.

But this is OppenheimerFunds. It’s not in our DNA to be satisfied. A new year means new opportunities to build upon our success through thoughtful but aggressive action.

We have initiated a comprehensive effort to continue growing our retail business and expand our footprint in the wealth management and institutional markets. To do so, we’re working through a well-defined business strategy process, which you’ll start to hear more about in the next few months.

We have also begun our transition to new senior leadership. I have every confidence that Art and his team will take our company to even greater heights.

So, thank you again for your outstanding efforts and achievements. It’s going to be an exciting year. And the future looks very bright.

Fade Out

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